Royalty operations
##################

Behind this description, four distinct functions are hiding :

* royalty statements themselves
* automatic verifications
* closings
* no activity statements

These functions are grouped together in order for them to use the exact same calculation formulas and avoid any rounding discrepancy.

Statements
----------

A dedicated page is available to address all the aspects of royalty statement calculation, customization and export :

.. toctree::

    royalty_statements

Verifications
-------------

Closings
--------

Their role is to update, at the end of the period, the balances of the shareholders when :

* the rights for the period recoup completely or partially the advances,
* the carried forward rights, set aside because the payment threshold was not reached, are augmented or paid (depending on the threshold).

It is recommended to make a **backup** of the database before doing the closings because you can't go back.

The use is very simple : select the period, indicate the closing date (usually the last day of the period) and click "Next".
A screen present you the changes that Le Sage is about to apply. The "Preview estimate" button lets you see/print a report
detailing the changes before and after closing.

Press "Next" again to validate the closing. A confirmation window will popup to prevent any hazardous action.


No activity statements
----------------------

In some countries (France for example), publishers must provide every year to every shareholder for whom they could make
statements, a "blank" (or "no activity") statement if there were no rights for them in the period.